HuHot Mongolian Grills

HuHot Mongolian Grills

Mongolian grill restaurants
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$984K - $1.2M
Units as of 2019
64 10.3% over 3 years

Company Overview

The first HuHot Mongolian Grill opened in Missoula, Montana, in 1999, and franchising began in 2002. At HuHot, guests create their own stir fry by choosing from a selection of meats, seafood, noodles, vegetables and sauces, then handing them over to a "grill warrior" to cook in front of them. The menu also features appetizers, soups, salads, and desserts.

About HuHot Mongolian Grills

Industry
Food
Founded
1999
Leadership
Andy Vap, CEO

Franchising Overview

Franchising Since
2002 (20 years)
# of employees at HQ
26
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
64 (as of 2019)

Franchisor Information

Corporate Address
223 E. Main St.
Missoula, MT 59802

Information for Franchisees

Here’s what you need to know if you’re interested in opening a HuHot Mongolian Grills franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$40,000
Initial Investment
$984,000 - $1,219,000
Net Worth Requirement
$1,000,000
Cash Requirement
$300,000 - $500,000
Royalty Fee
5%
Ad Royalty Fee
0.5%
Term of Agreement
15 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
HuHot Mongolian Grills has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
205 hours
Classroom Training
20 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Ad Templates
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
50
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where HuHot Mongolian Grills landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021